Netflix says users can cancel service if HBO Max merger makes it too expensive
During a Senate hearing, it was revealed that 80% of HBO Max subscribers also have a subscription to Netflix, according to Sarandos.
MAIN POINTS
- Sarandos disclosed subscriber overlap data to the Senate.
- 80% of HBO Max users are also Netflix subscribers.
- The information highlights significant audience overlap between the two streaming platforms.
- The data was presented during a Senate hearing.
TAKEAWAYS
- Streaming service subscribers often hold multiple subscriptions.
- HBO Max and Netflix share a large portion of their user base.
- Understanding subscriber overlap can influence strategic decisions for streaming services.
- The Senate hearing provided insights into the competitive streaming market.